Business

‎ ‎Pix–President And Chairman Of Afreximbank Visit To Dangote Petroleum Refinery And Fertiliser In Lekki Lagos

Wife of Cameroon Minister of Interior, Mrs. Yvonne Atanga, President and Chairman of the African Export-Import Bank (Afreximbank) Dr. George Elombi; Chairman Dafric Global Resources, Alhaji Tajudeen Aminu Dantata; President/CE, Dangote Industries Limited, Aliko Dangote; during the President and Chairman of the African Export-Import Bank (Afreximbank)

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After the Capital Rush: Who Really Wins Nigeria’s Bank Recapitalisation?

By any standard, Nigeria’s ongoing bank recapitalisation exercise is one of the most consequential financial sector reforms since the 2004-2005 consolidation that shrank the number of banks from 89 to 25. Then, as now, the stated objective was stability to have stronger balance sheets, better shock absorption, and banks capable of financing long-term economic growth.

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